Bangladesh’s foreign exchange reserve marked a slight rise to above $15 billion mark as it totalled $15,494.76 million as of July 30, up from $15,315.23 million on June 30.
The forex reserve also sees a big rise of $4,993.27 million from the $10,501.49 million registered on July 30 last year, according to data released by the Bangladesh Bank on Thursday.
Data on taka-dollar exchange rate showed that the taka appreciated slightly as it was trading at Tk 77.7500 against the dollar on July 30 against Tk 77.7593 on June 30.
According to the BB statistics, the revenue collection by the National Board of Revenue during the last fiscal marked an encouraging 14.26 per cent growth to stand at Tk 1,08,614.89 crore.
The current account balance is in a moderate position as it was $2,566 million for the July-May period of the last fiscal year.
Buoyed by the moderate performances of the RMG, leather and leather products, frozen foods sectors, exports maintained a growth of 11.18 per cent during the last fiscal totalling $27,018.26 million. The imports amounted to $30,987.30 million during the July-May period having a fall of 5.95 per cent.
The central bank statistics also showed that during
the period of July-May, L/Cs worth $33,116.77 million for food grains, capital machinery, petroleum and industrial raw materials were opened, while
L/Cs worth $29,480.58 million were settled.
Statistics on agricultural credit disbursement showed that about 104 per cent of the target was achieved during the last fiscal year as disbursement was Tk 14,667.49 crore while the recovery was Tk 14,362.29 crore.
-With New Age input
